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An e-cigarette is an electronic inhaler that simulates tobacco smoking. It is a battery-powered inhaler designed to provide inhaled doses by way of vaporizing the solutions and simulate the effects of smoking by heating a nicotine liquid into vapor, which the user then inhales and exhales. An e-cigarette is also known as an e-vaping device, a personal vaporizer, or an e-nicotine delivery system. It contains a heating element that vaporizes liquid nicotine or a flavored liquid. The e-liquids used in e-cigarettes are available in different flavors such as pink bubble gum, menthol, watermelon, and peach. The effects of e-cigarettes on the human body are not yet fully known. However, they are considered less toxic than traditional cigarettes because they produce vapor instead of smoke. They are considered an effective method that helps smokers quit smoking though there is no scientific evidence for the same.

The analysts forecast Global E-cigarette market to grow at a CAGR of 24.14 percent over the period 2014-2019.

Covered in this ReportThis report covers the present scenario and the growth prospects of the Global E-cigarette market for the period
2015-2019. To calculate the market size, the report considers revenue generated from sales of e-cigarettes (first, second, and third generation) and related products such as cartridges, refills, and e-liquids. The market forecast is based on the understanding that e-cigarette sales during the forecast period may not be affected by socio-political and legal dynamics worldwide.

The report, the Global E-cigarette Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America, Western Europe, Eastern and Central Europe, the APAC region, Latin America, and the ROW; it also covers the Global E-cigarette market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Questions Answered in this Report- What will the market size be in 2018 and what will the growth rate be?- What are the key market trends?- What is driving this market?- What are the challenges to market growth?- Who are the key vendors in this market space?- What are the market opportunities and threats faced by the key vendors?- What are the strengths and weaknesses of the key vendors?
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Commenting on the report, an analyst from the team said: “One major trend emerging in the market is the shift toward vaping instead of smoking. The market is witnessing increased adoption of vapor mods/units among vapers. This is expected to affect the revenue of cigalike vendors during the forecast period of 2014-2019.”

According to the report, the increased desire among consumers to quit smoking tobacco is one of the major drivers of the market. The increase in the number of deaths caused by smoking-related cancer has encouraged people to stop smoking traditional cigarette and this has increased the adoption of e-cigarettes among smokers worldwide.

Further, the report states that one key challenge that the market faces is the stringent government regulations and standards. Recently, the US FDA imposed regulations that ban the sale of e-cigarettes to people under the age of 18. The ASA and the CAP have introduced stringent advertising regulations in the UK.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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